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Motel business for sale in Kingaroy

  • Motel
  • Kingaroy QLD 4610
  • REDUCED LEASEHOLD $790,000 + sav

2005ml - Money Making Leasehold Motel In Southern Queensland

- 24 ground floor unit motel

- Strong regional motel town

- Exceptional money-making motel business

- Successful onsite restaurant

- Long lease

- Low rent ratio

- Strong advance bookings

Available is the leasehold interest of this very well-established motel in the strong regional motel town of Kingaroy in southern Queensland.

Consisting of 24 well-appointed and comfortable ground floor units all with undercover parking, and has a large parking area on premises, available at the back for buses, small trucks, boats, trailers, floats and tradesmen vehicles. The car park also has dual road access.

Conveniently located on the edge of town the motel provides accommodation for individuals, families, and groups with its very successful onsite licensed restaurant providing meals to guests as well as the general public.

Other facilities include Inground pool and barbeque area and free Wi-Fi.

With its 23 year lease andlow rent ratio, very strong trading figures and strong future bookings this motel offers a genuine money making opportunity to a couple or could be run under management.

A great leasehold motel and exceptional business. Well worth an inspection.

Turnover: $1,210,005 (GST excl) 1 July 2020 to 31 MaY 2021 - 11 months (vendor provided)

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2005ML (quote when enquiring)

Property Code: 3738

Michael Philpott
Tourism Brokers
Michael Philpott
Tourism Brokers

Business Highlights

Business ID2016889267
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  24 Mar 2021
Map for Kingaroy QLD 4610
Map for Kingaroy QLD 4610Kingaroy QLD 4610
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Michael Philpott
Tourism Brokers
Michael Philpott
Tourism Brokers

Business Highlights

Business ID2016889267
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  24 Mar 2021
Tourism Brokers
170 Scarborough St Southport QLD 4215
Michael Philpott
Tourism Brokers
Michael Philpott
Tourism Brokers

Ask Michael Philpott about this business

Michael Philpott

Michael Philpott

Tourism Brokers

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0433 137 927
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